All-In 假日特别节目

Speaker 1 (00:00:07): And then we're gonna do specialty drinks up here. This is great. David Friedberg (00:00:10): We'll still Jason Calacanis (00:00:10): have full sponsors. David Friedberg (00:00:11): I want one of these. Right? Speaker 1 (00:00:12): Yeah. David's obsessed with Paloma. I love Paloma. Yeah. Mid to Paloma's right David Friedberg (00:00:15): now. I'm a Paloma guy right now. It's all good. It's like the hall in intro these days. Jason Calacanis (00:00:21): Yep. Which I've done a live arrangement for with the breast. David Friedberg (00:00:38): Now, we're not gonna do a year end review discussion. Jason Calacanis (00:00:40): Right. That's that's Chamath Palihapitiya (00:00:41): that's I think we cut it. Yeah. David Friedberg (00:00:42): Yeah. Yeah. Yeah. We're gonna go right into the awards. Chamath Palihapitiya (00:00:45): Well, you're gonna go right into you're gonna go right into Santa Catas doing a spin. Yeah. David Friedberg (00:00:49): Yeah. Yeah. Chamath Palihapitiya (00:00:49): We could do that. It's easy. Jason Calacanis (00:00:50): That's the Santa Catas change from me. David Friedberg (00:00:52): That could Aaron Levie (00:00:53): be the change from me. Exactly. David Friedberg (00:01:08): Oh, it's me. Santacannus. Jason Calacanis (00:01:08): That's good. Yeah. I mean, it's pretty hilarious. David Friedberg (00:01:11): So we're really excited to have some NESKY Awards to give out tonight. Let's get started. JKL, are you back? Jason Calacanis (00:01:16): Are you here? Where are you? Oh, gosh. Sorry. I was just getting in founder mode. Whoo. Let's go. Saturday night, San Francisco. David Friedberg (00:01:44): Alright, J. Cal, you wanna warm us up? Jason Calacanis (00:01:45): Okay. Alright, everybody. Let's get loose. We know what we do. We have a game plan. We've been doing this for 206 episodes. We're not changing anything. We are who we are. We know what to do. Frank Bert, bring that signs. Saxa, I got the red meat for you. And your mom, I need you as obnoxious as you can be out there. Don't worry about me. I got jokes. I got jokes for days. We started this in COVID, and we're gonna finish it on Pennsylvania Avenue. Now let's bring it in. 123. All in. All in. We got this. Speaker 6 (00:02:33): America, 2024, a year of political earthquakes, extraordinary market events, war, space, and the revelation that Diddy is super into baby oil. David Friedberg (00:02:45): Authority has located more than a 1000 bottles of baby oil lubricant. Speaker 6 (00:02:49): It was a year so profound. Jason Calacanis (00:02:51): I'm gonna give him that hook Chamath Palihapitiya (00:02:53): to it. Speaker 1 (00:02:53): He said all that time. Speaker 6 (00:02:55): America was at times at a loss for words. Jason Calacanis (00:03:01): The, like I said, I'm Speaker 6 (00:03:06): Well put, gentle Joe. So tonight, we look back. The All In Podcast presents America 2024. What in the fuck just happened? The story of 2024 starts with AI. The revolutionary technology has fueled a boom in countless sectors, but mostly the legal field. Jason Calacanis (00:03:30): Scarlett Johansson's legal team wants details on exactly how they were able to create that voice that sounds like she said, so eerily similar. No. David Sacks (00:03:38): It sounds just like Of Chamath Palihapitiya (00:03:39): course, it's a digitally altered version of Skarjan. And they got caught. Okay. Cookie jar. Speaker 6 (00:03:45): And AI also created the most remarkable deep fake video ever. Welcome. They almost look like friends. Amazing. Yes. 2024 proved there's no problem AI can't solve and or cause. Jason Calacanis (00:04:01): Google has had to pause AI made images, quote, after race inaccuracies. Speaker 6 (00:04:07): This year, AI helped launch the most drool worthy tech product in years, a computer chip. Jason Calacanis (00:04:17): Yeah, baby. Speaker 6 (00:04:19): DGX has become the essential instrument of AI. Jason Calacanis (00:04:23): I've never seen anything like this in the history of Silicon Valley or corporate America. Speaker 6 (00:04:28): NVIDIA is king of the AI revolution and they're so hot. They're literally too hot. Jason Calacanis (00:04:40): The information reported that the ships are overheating in servers. Speaker 6 (00:04:44): But don't worry. There's an elegant solution to the problem. Speaker 8 (00:04:48): I bought myself this Hiroshima mass so I do not have to smell the burn on those conductors. Problem solved. Speaker 6 (00:04:58): But NVIDIA wasn't alone in AI news. OpenAI was at the forefront of reinventing another crucial industry, office drama. Aaron Levie (00:05:08): Lot of drama involving, OpenAI. What a mess. What's next? Jason Calacanis (00:05:13): This week on General AI Hospital. Is Sam Altman's job Speaker 1 (00:05:19): security in jeopardy? David Friedberg (00:05:21): Whose data was stolen this time? Jason Calacanis (00:05:24): What did Ilya say? Why isn't David Friedberg (00:05:27): he talking about it? And with our special guest, Jason Calacanis (00:05:30): will our special guest get her revenge? General AI Hospital. Speaker 6 (00:05:35): But Sam Altman never let the drama distract him from OpenAI's primary mission, philanthropy. Jason Calacanis (00:05:42): It's actually really important that you're not doing private enrichment or philanthropic donations. And so, you know, it's it's David Sacks (00:05:49): But isn't that what's happened? Jason Calacanis (00:05:52): You know, I think that the, you know, you know, I think, like I said, sour grapes. Speaker 6 (00:05:59): Well said, Reid. But But even if OpenAI was a little more like Closed AI, its humble leader, Sam Ullman, was still toiling away humbly for the betterment of mankind. David Friedberg (00:06:09): You make a lot of money, do you? Aaron Levie (00:06:11): I make no. I've paid enough for health insurance. I have no equity in OpenAI. Jason Calacanis (00:06:14): Really? Speaker 6 (00:06:15): Yeah. That's interesting. But don't think this working class hero doesn't suffer. Did you know that his $1,900,000 supercar wasn't available in candy apple red like it wanted? Still, it wouldn't be a year in review without mentioning Elon Musk, who incidentally we will all be required to mention daily in 2025 as bound by federal law. The world's jumpiest The world's jumpiest capitalist and the new coleader of the free world showed everyone in 2024 that being Elon Musk is a pretty fucking sweet gig. From soaring in space to delivering charity, from business booms to getting anointed by Joe Rogan as free speech Jesus. From getting hired in politics to getting hired to fire people in politics, 2024 was a year that couldn't shake Elon Musk. Just ask this guy. David Friedberg (00:07:10): You know, Chamath Palihapitiya (00:07:11): he likes this place. I can't get him out of here. Speaker 6 (00:07:13): And it was all prophesized by our own David Palpatine. David Sacks (00:07:17): Everything has proceeded as I have foreseen. Speaker 6 (00:07:21): 2024 was a banner year in tech. And in how many giant names we tricked into coming on our podcast. Chamath Palihapitiya (00:07:28): I love that house he has. I love David's house. Speaker 9 (00:07:30): I can't believe I get to sit down with one of the most famous investors in Uber. Jason Calacanis (00:07:34): It was like the hand of God massaging my central nervous system. Chamath Palihapitiya (00:07:38): What the flying happened? Speaker 8 (00:07:41): If you have specific questions, I'm happy to Jason Calacanis (00:07:42): Did somebody stab David Friedberg (00:07:43): him in Jason Calacanis (00:07:44): the back? Did you find AGI? Oh my god. What have we done inviting these lunatics on the program? Hold on, Gus. I gotta get into founder mode. David Sacks (00:07:52): Oh, wow. Founder mode. Chamath Palihapitiya (00:07:53): The founder mode, so I'm gonna I'm David Sacks (00:07:55): gonna found him. Shit. I got a founder mode too. Where's Jayco? Oh, shit. Speaker 6 (00:08:04): Speaking of financial highs, twenty 24 experienced a wide range of viewpoints from the effectiveness of ESG, the disagreement on new CTA BOI reporting. But there was unanimous agreement on one key financial issue. Chamath Palihapitiya (00:08:17): Lina Khan has become the most aided and feared person on Wall Street. And Lina Khan is utterly ineffective. David Sacks (00:08:23): What Lina Khan has done is just go after quote bigness, which just means stopping these companies from doing anything that would make them bigger. Speaker 6 (00:08:30): The only acquisition she couldn't stop, Shamrock's $5,000 sweater David Friedberg (00:08:35): habit. Oh, yeah, Chamath. You'll stir Chamath Palihapitiya (00:08:36): up. Let's talk about the sweaters. This Jason Calacanis (00:08:39): Oh, really? Chamath Palihapitiya (00:08:40): Is the thin summer gilet. Okay? Really? Beautiful cashmere. David Sacks (00:08:44): Okay. Wow. Speaker 6 (00:08:50): These days, the all in boys and their friends are looking slim in their cashmere. Thanks to a new class of miracle drugs that storm the world of Bio Second 2024. Ozempic. Jason Calacanis (00:09:01): Ozempic. Ozempic. The game changer. Speaker 6 (00:09:04): Injectable weight loss drugs are hot. Chamath Palihapitiya (00:09:06): In our poker group, like, 4 of the 12 or 13 regulars are on it. Speaker 6 (00:09:10): 2025 is looking to be the year GLP one change the face of everything, literally. Speaker 1 (00:09:16): But we've heard that term Ozempic face. Jason Calacanis (00:09:19): 1st, we had Ozempic face, and now we have Ozempic butt. Speaker 6 (00:09:26): But if 2024 will be remembered for one thing, it will be for shining a light on elder abuse. Our 46 president stepped aside, introducing the country to a fresh new upstart ready to tackle the problems of a fractured country. Jason Calacanis (00:09:42): I grew up a middle class kid. I grew up a middle class kid. David Friedberg (00:09:45): I grew Jason Calacanis (00:09:46): up a middle class kid. I grew up a middle class kid. Speaker 6 (00:09:49): President Trump, however, wouldn't stand by idly and let Cabala torture her own campaign. Chamath Palihapitiya (00:09:54): They're eating the dogs. The people that came in, they're eating the cats. Speaker 6 (00:09:58): In the end, however, it wasn't even close. Aaron Levie (00:10:01): Literally nothing? Literally nothing. Literally not one county? Speaker 6 (00:10:07): There was just so much to 2024 that we can't cover it all. From Trump nearly getting assassinated to Trump nearly getting assassinated, from continued wars in Europe and the Middle East to continued battles on the home front, From the cringiest of TikToks to black Nazis and an Aussie dance legend, 2024 was anything but Jason Calacanis (00:10:28): Very demure, very mindful. Speaker 6 (00:10:31): With 2024 in the rearview mirror, let's turn to our outgoing president for some sage advice on our collective future. Jason Calacanis (00:10:39): But I tell you what, I don't know about you, but I'm gonna go to bed. David Sacks (00:10:44): To let your winners ride. Jason Calacanis (00:10:46): Ladies and Chamath Palihapitiya (00:11:14): What's up? Jason Calacanis (00:11:17): Merry Christmas. Welcome, Zarsacks. Chamath Palihapitiya (00:11:22): You weren't allowed to say Merry Christmas until about 3 weeks ago. Merry Wait. Fucking Christmas, everybody. Where where's Happy holidays. Where's Jkal? David Friedberg (00:11:32): Where's Jkal? Jkal? Chamath Palihapitiya (00:11:35): Jkal? Ho ho ho Jason Calacanis (00:11:36): ho ho. It is I, Santacanis, here to spread joy and stock options and bitcoins to all this fine San Francisco they, thems, its, whatevers. Oh ho ho. Chamath Palihapitiya (00:11:53): This is starting off horribly, but Jason Calacanis (00:11:56): Oh ho ho. Jump off. David Friedberg (00:11:59): Santa Canis, where are you coming from? Jason Calacanis (00:12:01): Well, you know, you Chamath Palihapitiya (00:12:04): know they paid money for this. Right? You could have at least memorized your lines. Jason Calacanis (00:12:09): It's just too funny. David Sacks (00:12:10): Sometimes the cold opens work and sometimes they don't. David Friedberg (00:12:12): They don't. It's true. It's true. The problem is this one this one's supposed to go for 8 minutes. So Jason Calacanis (00:12:18): 8 minutes? You have stuff in there for 8 minutes? It's not like you guys are gonna make this crowd laugh. Okay? So No. It's, we moved the North Pole. We moved it. Where'd you move it to, Sam? Well, it's a problem because, you know, all these elves who've come across the border up there, tons of Fentanyl. It's a disaster. Terrible. And just crazy inflation up there. So we we moved the North Pole down to Austin, Texas. Oh, it's it's in Austin, Texas now. Yeah. Better tax treatment, David Friedberg (00:12:48): you know. Can you get elves there, Samuel? Jason Calacanis (00:12:50): You know, it's a little bit hard. Some of them have come across the border. Some of them work hard. Other ones, not so much. Have you automated? Well, you know, it's interesting you say that. Oh. Oh. No milk and cookies. I'll take some bitcoin if you have any extra. Okay. Thank you there, Tremoth. Yes. We've done some automation. Yes. Oh, here it is, everybody. You know, we have a lot of problems with the elves. You know, they've been unionizing, Saxx. It's too much regulation, but we can get these here from one x, only $1 per hour, but we need you back in Santa's lab. Okay? You need to be building some toys. Okay? Now get back to work. Yeah. We don't have HR anymore. Okay? So what are you doing after? Yeah. No. I mean, I got my friends got the good k. Hey, it's so cool. We're talking later. Chamath Palihapitiya (00:13:44): Whose robot is this? David Friedberg (00:13:46): It's Santa's, robotic elf. Right, Santa? Chamath Palihapitiya (00:13:49): Santa can't Sorry. Hold on a second. Hold on. Before we continue with this clearly incredible bit that you 2 ding dongs wrote. Jason Calacanis (00:13:56): I was I'm just I was just told to read the code. Chamath Palihapitiya (00:13:59): Can we just say a cheers for the new czar? Jason Calacanis (00:14:04): Oh. Chamath Palihapitiya (00:14:07): Mazel tov, bro. Congratulations. Jason Calacanis (00:14:11): Yes. Congratulations there. Congratulations, R. Chamath Palihapitiya (00:14:16): Oh. She goes. Jason Calacanis (00:14:18): It's a little hard with the $27 Amazon Santa suit. Well, you know, guys, I have the list here that you guys were asking about. I told you this. David Friedberg (00:14:29): This bit goes on for like 8 minutes. Jason Calacanis (00:14:31): Hold on. I've got the naughty and the nice list. It's a pretty big list this year. Let's take a look. Sam Altman is on the naughty list. Very naughty. 2, 3, 4 times on the naughty list. Oh, Jensen also on the top of the list. You know, Santa's got a lot of that Nvidia. 20 baggers so far. Wow. Yes. Also, some Nvidia employees here. They didn't sponsor though. Oh. I don't know why. He's so cheap. David Friedberg (00:15:00): Okay. Santa Canis, I think it's time for you to go back to Austin. Jason Calacanis (00:15:03): Yeah. Well, you know, I have to do another podcast. Yeah. It's it's got 20 times the ratings of All In. It's called Hot Ones. Chamath Palihapitiya (00:15:12): I don't know who Jason Calacanis (00:15:13): the host is, but, you're getting beaten in the ratings by 12 chicken wings. Congratulations, boy. More work for you guys. Okay? I'll see you next time. David Friedberg (00:15:22): Alright. Anyway, bye everybody. The kid is out in. Jason Calacanis (00:15:36): Okay. David Sacks (00:15:37): Well, you you have to you have to admire the dedication to the bit. Most people had given up after about 2 minutes. He just kept going with it. Chamath Palihapitiya (00:15:46): He really he's really committed. David Friedberg (00:15:48): He keeps going. Yeah. That's great. So just to get you guys oriented, thank you all for being here. This is gonna be awesome. We got a great night planned. We got a show. We're gonna walk through the bestie awards tonight. It's gonna be super fun, and, here we go. Here we go. Sorry. Jason Calacanis (00:16:09): I'm late. I was in an Uber. I was in an Uber. I heard Santa Claus showed up. Uber. Uber. Okay. Oh, sorry. Chamath Palihapitiya (00:16:15): Let's do a drinking game. The number of times J. Cal shows us companies we need to drink. David Friedberg (00:16:23): J. Cal, introduce the awards. Let's kick this off. How's this gonna work? Jason Calacanis (00:16:26): Oh, okay. So, you guys know we do this amazing, Bestie Awards. So we're gonna do a bunch of Bestie Awards here live on stage. And interestingly, this year, we actually made a Bestie Award. It's right next to you. Chamath, maybe you can hold one up. Sachs, go ahead and take a look at this. Now, this bestie award is 2 men embracing in a long, awkward hug. And many people don't know the inspiration for this awkwardness, but here it is to remind everybody. There it is. And that that's actually Chamath and David Sacks. David Sacks is actually reciprocating the hug. He actually received Wait. David Sacks (00:17:07): You're saying that we were the mold for for this. Jason Calacanis (00:17:09): You guys are the mold. Cast David Sacks (00:17:12): out of our body shapes. Jason Calacanis (00:17:13): It's your it it's, actually accurate down to the, inch. Yes. It's very very accurate. You and Saks. Saks, you and, Chamath are hugging. So the first award we're gonna do is business. Biggest winner, biggest loser, and biggest surprise. So, Chamath, would you like to kick it off with your biggest business winner? Chamath Palihapitiya (00:17:40): I think the biggest business winner of 2024 is the business of speech. And what I mean by that is I think that we have made freedom of speech a very successful business model. Jason Calacanis (00:18:00): Alright. Well done. Yeah. Who's your biggest business winner, Sachs? David Sacks (00:18:04): Well, I I wanted to be original, but I really couldn't. I thought it was so obvious this year. It has to be Elon Musk. Jason Calacanis (00:18:10): Okay. Elon Musk, that's always a safe choice. Freeberg, who do you have? David Friedberg (00:18:14): It's SpaceX, Starlink Yeah. Starship. I don't know what else. David Sacks (00:18:17): Chops 6. David Friedberg (00:18:18): Comes close. What's that? David Sacks (00:18:19): Chops 6. David Friedberg (00:18:20): Well, I mean First Neuralink. SpaceX. And SpaceX at, like, a $350,000,000,000 valuation, like, tripling from that level in a year. It's insane. Never been done before. The boundaries just don't matter. It's incredible. Jason Calacanis (00:18:33): It is incredible. I went with NVIDIA just to mix it up. Who's your biggest business loser, Sachs? David Sacks (00:18:39): I said the biggest business loser was the legacy media. Jason Calacanis (00:18:43): Oh, mainstream media. Okay. They, David Sacks (00:18:47): they lost the election and something like half their ratings, and they've been exposed as basically being overpaid podcasters. Chamath Palihapitiya (00:18:58): But podcasters aspire to be overpaid legacy media hoes. Jason Calacanis (00:19:03): Yeah. Chamath, who Chamath Palihapitiya (00:19:04): is your biggest business loser? Business loser? Intel. From the company that basically commercialized Moore's Law for the advancement of humanity to just a totally confused shell of its former self. Jason Calacanis (00:19:22): Who do you got, Freibre, guys, your biggest business loser? David Friedberg (00:19:27): Very old business, has had, kind of mantle placed position in the United States for decades, that would be Boeing, which seemed to unravel this year with, obviously the debacle with the aerospace program, particularly with Starliner stranding some astronauts needing to get rescued, and there's a lot of turnover happening in the organization. It just seems like a mess. Jason Calacanis (00:19:49): You know, I went with Apple only because I felt the Vision Pro felt flat. The new iPhone 16, not very strong, and I feel like they're adrift. And Warren Buffett sold all his shares in it. I feel like the company could do much better. David Sacks (00:20:02): That's all there. Their stock's up, like, 30% this year. Jason Calacanis (00:20:05): I think it's a little bit in the middle, but I think it's based on potential. I think they should be releasing great new products, and they aren't. Okay. Let's go to business surprise. Did you have a business surprise over there, Saxypoo? David Sacks (00:20:18): I said Palantir was the biggest business surprise this year. I mean, I thought the company would do well, but its stock went up 5 x this year from $16 a share to 76. Chamath Palihapitiya (00:20:31): Completely counterintuitive. It just the market cap of Palantir just passed the market cap of Lockheed Martin. The amazing counterintuitive thing about Palantir was how much time they spent with their customers. Everybody shat on that idea and they were totally right. Jason Calacanis (00:20:52): Totally right. So were they your biggest surprise as well? Chamath Palihapitiya (00:20:57): No. My biggest business surprise, are GLP ones. I think the number of markets that it seems to help. This year, it went from weight loss to cardiac fitness to depression to drug addiction, alcohol. I mean, you know, they it's basically a wonder drug of wonder drugs. And also, Jason Calacanis (00:21:23): I think you might be interested. They said it can help with compulsive gambling as well, Chamath. That Chamath Palihapitiya (00:21:28): is why I am not on a GLP level. Jason Calacanis (00:21:32): I don't have a problem. Okay, Freebird. Do you have a surprise? David Friedberg (00:21:36): I was surprised by the return of kind of the long tail of crypto. Chamath Palihapitiya (00:21:42): It's David Friedberg (00:21:43): made it's come roaring back, and everything seems to be on fire again. No comment from the crypto czar, I know, but Jason Calacanis (00:21:51): Crypto comeback is your favorite. David Friedberg (00:21:53): Crypto comeback. The long tail crypto comeback. I feel like Bitcoin was always a different story, but the long tails got a Jason Calacanis (00:22:00): You know, I I looked at it, and I I always love great products. I picked Google. Everybody was talking 2 years ago about how Google was falling behind and 10 blue links weren't gonna work. The Gemini app is absolutely fantastic. I've been using Gemini app. It's as good or better than JetBlue. Chamath Palihapitiya (00:22:17): Do you do J Trade Google shares? Jason Calacanis (00:22:19): I I J Trade some shares. Yes. I have God. I J Traded some Google shares. Also, Waymo, also delightful, and, you know, they had a rough year with some of that woke, imagery in Gemini, but I think they had a great rebound. David Friedberg (00:22:34): Waymo's a really good story. Jason Calacanis (00:22:36): Yeah. David Friedberg (00:22:36): I think Waymo felt like it's like, what is that business a year and a half ago, 2 years ago, and I don't know if you I've been taking Waymos around the city. You don't do come to the city. Chamath Palihapitiya (00:22:45): My sister and my brother-in-law are visiting this weekend. Jason Calacanis (00:22:49): There they are. Hey, how you doing guys? Chamath Palihapitiya (00:22:50): And, they took a Waymo yesterday and I saw the video. And basically what you have is my brother-in-law who's like totally blown away, my sister who's like cautiously optimistic, and their 2 kids who are like pinned to the back in fear because they're like, who is driving this? And my and my brother-in-law, who's who's Indian, he's like, don't worry there are people like us somewhere driving this car. Jason Calacanis (00:23:20): Okay. Let's, let's go to politics. Sachs, here's your red meat. I can't imagine who you have as your political winner, but I know you probably struggled over this one. David Sacks (00:23:30): This one's pretty obvious. It's the the man who won the White House. He actually, he not only won the White House. He won the house. He won the senate. He won the popular vote, and he overcame a hostile media. He overcame 2 assassination attempts, one that missed him by millimeters. So my biggest political winner for the year is Donald Trump. Jason Calacanis (00:23:57): Okay. There it is, folks. Biggest winner. Wow. You just glow. When you mentioned DJT, they're just glowing. We don't even need to light the stage. When we say DJT, it's like a fusion reactor. Chamath, who is your biggest political winner for 2024? Chamath Palihapitiya (00:24:17): My biggest And listen to this very carefully, folks. My biggest political winner of 2024 is David motherfucking Sachs. Jason Calacanis (00:24:29): Hey. Let's go, David Sachs. Fuck, yeah. Nicely done. Alright. Chamath Palihapitiya (00:24:38): Say more. Say more. Well, I said this before, but I'll say it again. I've I've never seen a team of people assembled in any government like this, and I really do mean what I say, this is really the best of everything that happens. A guy that has emigrated. Okay? A guy that's worked his ass off. He's done it in many different places in many different ways. He's an amazing friend and he's fucking brilliant. And we need brilliant people. Jason Calacanis (00:25:16): Yeah. Way to go. Did you have a political winner there, Friedberg? I know you don't talk too much David Friedberg (00:25:21): about politics. I went well, I went with independent media. I think that it totally reinvent everyone talks about this, but it had such a huge impact in changing the narrative, getting new messages out there that were being filtered or distracted away in other contexts. So I thought that was the biggest winner. And everyone's talking about the legacy media anchors all leaving and moving to independent podcasting platforms and so on. So that was the biggest winner I thought. Jason Calacanis (00:25:46): Alright. I picked the PayPal mafia, yourself included, of course, Sachs, but Peter t l, JD, David Friedberg (00:25:52): and Jason Calacanis (00:25:52): Elon, obviously. Strong. The whole group, I think, really did a great thing. Now whether you are a fan of Donald Trump's or not, if you're left or right, I feel really great that you guys are around Donald Trump, and I feel really optimistic and great energy for the country. So the fact that the PayPal mafia is there, yourself included, Sachs, makes me feel really great about the next 4 years, and I'm so proud, that you're doing this. And it's a great sacrifice for your country. You could use these cycles for your own benefit, and you're using these cycles for the benefit of America and humanity, and I think that deserves a big round of applause. Okay. David Sacks (00:26:32): Thank you. Well, you know, one thing I'll say is Chamath and I, co hosted the, the dinner for president Trump. It was on June 6 of this past year. I remember that because it was d day. I thought that was somehow Yeah. Significant. But they asked me if, if I would be willing to to host a a fundraiser for president Trump. And I said, well, how much do we need to raise? And they said, well, at a minimum, 5,000,000. And I didn't I I thought maybe that's a hard number to raise because there's not that many Republicans in San Francisco. So the first call I made was to this man, Chamath, And I said, would you co host this with me? Because I figured, okay. Well, if nobody shows up, Chamath, and I can just split it. And Jason Calacanis (00:27:20): You dollar cost averaged your fundraiser? That's so bad. You dollar cost averaged. David Sacks (00:27:26): So I knew I knew he could pick up the check with me. It was, so in any event, it was a big ask for from Chamath because Chamath had never supported republicans before. Obviously, I've been a crazy right winger from way back, but Chamath had had only supported Democrats. And, he said he was in, and he decided to cohost it with me. And so based on that, I told him, okay. We're in. We can do this. And then it turns out that more and more people want to come because we showed some conviction. So then we had 8,000,000 committed, then 10,000,000 committed, then we ended up raising 12,000,000 that night. Chamath Palihapitiya (00:28:02): 13, I thought. David Sacks (00:28:03): 13, and then 13. Well, we got another million on top of it, so we ended up raising 13,000,000 that night. So yeah. But it it wouldn't happen unless he decided to co host it with me. So thank you, Chabot. Aaron Levie (00:28:12): Alright. Jason Calacanis (00:28:13): Political losers, who do we got? I mean, I'm I know this is a tough one too. Chamath Palihapitiya (00:28:20): I I've already said this so this is gonna be repetitive but it is of it's the thing that disappointed me the most personally. I think the biggest political loser was Barack Obama. It's the same thing where there were so many of us that literally would have stood in line for hours to just shake his hand. I guess I just revered the idea of who he was. And then I just saw a person that was reduced to honestly not telling the truth and doing it repeatedly and repeatedly and it just lost a tremendous amount of cache that I had for him and the sensation that I had of who he was as a man. Jason Calacanis (00:29:08): Who do you got, Freeberg? Biggest loser? David Friedberg (00:29:11): It's been said I just went with Legacy Media. What do you David Sacks (00:29:14): So my biggest political loser was law fair. I thought law fair was the biggest loser because not only did it not work, it backfired. It backfired. You remember? Jason Calacanis (00:29:25): As you predicted. David Sacks (00:29:26): Yeah. Exactly. Remember, they started the law fair right when the Republican primary started, and I think Donald Trump would have wanted it anyway. But once they started these sham trials, they tried to bankrupt him. They went after his kids. They tried to imprison him. Republican, support shot through the roof, and he won the primary easily. And then they did the same thing in the general, and it activated and sort of radicalized a lot of people, including myself, because it was so un American to try and imprison your political opponent. So I think it massively backfired. And, of course, it wasn't just against Trump. It was also against Elon too. Well, where did that get him? They turned Elon from someone who identified formally as a Democrat or an independent to someone who became a Republican. So it was not only not only did it not work, it basically did the had the exact opposite effect of what they intended. Jason Calacanis (00:30:19): Yeah. I I picked the, I picked Biden and the democratic machine as my biggest loser for obvious reasons. And as we talked about on the pod, gosh, it was so obvious that they were covering up Biden's cognitive decline and we're all sadly going to be in decline at some point in our lives and that should be something where that person is supported and not abused in the way he was abused. I I felt it was elder abuse. We make that as a joke and then not running a speed primary, and that's when, for me, a left leaning moderate I I felt like I can't support this if you don't actually have a primary process. And I think they destroyed the party, and it just has to be re rebuilt from the bottom up. It was a disaster, and, I'm super disappointed, like many people, in their thuggy and criminal type behavior. I felt it was really low ethics, and, I'm I'm not happy about it. Okay. Let's go political surprises. Political surprises. Anybody have a surprise, Chamath? You look like you got one ready to go. Chamath Palihapitiya (00:31:21): My political surprise is JD Vance. I don't think if this works out properly, there will be a Republican party the way that you normally knew it. I think it is a MAGA party, and I think that JD Vance has the potential to become the standard bearer past Trump. So that baton pass, I think, has the best potential. And what I'll tell you about him as a person is this is a guy, if you have a chance, he will be here a lot, I suspect, especially because of David. Meet the man, understand where he's coming from. This is an incredible human being. I I really do mean that folks. David Friedberg (00:32:12): And I'm like a skeptical kind of generally, I'm Chamath Palihapitiya (00:32:13): not Yeah. A skeptical kind of gen generally, I'm not Yeah. Sort of effusive about people. Jason Calacanis (00:32:18): You're thoughtful about who you would be friends David Friedberg (00:32:21): with. Yeah. Chamath Palihapitiya (00:32:22): He's an incredible human being. David Friedberg (00:32:23): Yeah. Jason Calacanis (00:32:23): You got a surprise for us, Friedberg. What was your surprise this political season, 2024? David Friedberg (00:32:27): I listened to the episode of Pod Save America last week where the Democratic leadership that ran the the Harris campaign, kind of gave their breakdown on what happened. And what struck me the most about the conversation and the way they talked about everything was everything was about some democrat demographic heuristic. Black males should do this. White college educated females should do that. Everything was broken down to this, like, you are defined by whatever label we put on you and we expect that voting block, and we analyze you as a voting block, as a group, and how you all move together. And all of that shit broke down. What happened in this election cycle was a lot of people voted as independently minded people in a way that I think broke their brains. They didn't understand how and why people were starting to think on their own. And so I don't think anyone anticipated that going into this year. It's certainly closely coupled with the rise of independent media, but individuals taking choice for not just being categorized and labeled and bucketed and told how to vote and what to think and what to do. People stood up and said, I'm gonna have my own thoughts on stuff, and suddenly all of the models broke. That was the biggest surprise, and I thought it was, like, a big sea change Jason Calacanis (00:33:44): If if David Friedberg (00:33:45): for the United States. Something Jason Calacanis (00:33:46): I think it's a really great point you're making. One great thing that could come out of this is the return to judging people by their character, their performance, their actions as opposed to identity politics, which is a true dead end in our society. I think it's really well said, Friberg. Did you have a political surprise this year, Sachs? David Sacks (00:34:05): Yeah. I would say building on what you guys said, my biggest political surprise was that even in deep blue cities like San Francisco, the voters rejected the woke left in favor of more moderate alternatives. So here in San Francisco, we got Daniel Lurry as mayor. He was elected. Dean Preston and Aaron Peskin were defeated. We have a moderate majority on the board of supervisors. In Oakland, the leftist mayor and d DA got recalled. In LA County, we beat, George Gascon, who was the source DA. Statewide, prop 36 passed. This is the, proposition to make crime illegal again. And and so even in a deep blue state like California, you're seeing a return to, sanity. Jason Calacanis (00:34:55): You know, I had a surprise. I was gonna say podcast, but when I thought about it, it was obvious to us and I think a lot of people that podcast were gonna play a big role. And it's clear podcasts, played a big role, but I wanna specifically shout out Friedberg and our podcast for bringing up the topic 2 or 3 years ago of the budget deficit and our out of control spending. And you harped on this, Friedberg. And, you know, I I thought the election would be a referendum on Trump's behavior in the past. I thought it would be a referendum on abortion and and a woman's right to choose, and I'm not saying these aren't important issues. But now it's turned out that efficiency of our government and our fiscal responsibility and what we pass on to our children is now the most important issue. I wanna pause for a second. David Friedberg (00:35:47): Hallelujah. But yeah. And I Jason Calacanis (00:35:49): think it's a big round of applause for Freeburg because I just wanna pause for a second of how unpopular that topic was. We said ourselves on the pod, there is no way that any politician will ever take this up because it's too toxic to talk about cutting spending. You'll never get elected, etcetera. And now we're sitting here, and I think because of you harping on it, us talking about it, Elon caring about it, Vivek who came on the pod, and he really got passionate about it. Now we have Doge. And one of the greatest things that could happen in this administration, and I would be very proud, you know, of of your contribution and the pod's contribution to this, is if we can just control our spending so we do not mortgage our children's future disastrously. And and this is the most important thing over the next year or 2. If you don't like Trump and you didn't vote for him, you can support Doge, you can support Elon, you can support having a balanced budget, and us controlling spending. It is an issue for all Americans truly. Alright. This is a hot start. We got a hot start. Cast me one of those awards there. David Friedberg (00:36:53): Here you go. Here we go. Alright. J. Cal's gonna invite our first guest tonight. Jason Calacanis (00:36:58): Look at this. Wow. This is some serious man love. David Sacks (00:37:02): That's me and Chamath. David Friedberg (00:37:04): Should we clean away naughty and nice list, by the way, off the, okay. David Sacks (00:37:07): It's a ergonomic representation of, me and Shamoth hugging it out. Jason Calacanis (00:37:12): It's not easy to give a hug like that when you're on the spectrum, is it, Sachs? Not not easy. But you got through it. So it's it's a strength for him. Tonight, I'm very proud to give the award for setting the most money on fire in pursuit of a failed campaign to the one, the only, Aaron Levy, friend of the pod from Box. Welcome, Aaron Levy. This is a very, very special Wow. Aaron Levie (00:37:44): Okay. Yeah. Okay. I have no idea why I said yes to this. So, also, what the hell is this thing? I think this is the closest I'll ever get to speaking at the Republican National Convention, so, so thank you. Good to be here. I have a couple I have a couple notes. So, first of all, why didn't Mark Cuban or Vinod Khosla accept this? Why is this me? Why I don't I don't understand what happened here. Jason Calacanis (00:38:15): Vinod doesn't have a sense of humor. Aaron Levie (00:38:17): Okay. Okay. So, alright. So, yes, we did waste a little bit of money on this campaign, but, but it went to the Vegas sphere. So did you see the sphere and how well that was the the campaign used that money? So I decided to do a little bit of a post mortem, so we called the campaign and talked to Kamala, just to, you know, understand afterwards, you know, what the reaction was. Her response, stood out to me actually pretty profoundly, so I I actually wrote it down. I wanted to make sure I got it kinda word for word. She she said, and I quote, I'm in the arena trying stuff. Some will work, some won't, but always learning. And, you know, I I actually felt like that was a really good and profound way to to think about the campaign. So I left I left a lot better after after hearing that. So now I do wanna congratulate David Sacks. Obviously, on his new role in the administration. Pretty incredible. The the PayPal mafia takeover of the government is now complete, so so good work on that. You know, I was getting worried, actually. So so they told me about this, actually, like, 3 or 4 days ago. Changed the whole plan, obviously, midway. Nothing nothing about what is going on right now was was the plan, but I was, you know, had to kind of say a couple lines about each person, and and so David, I was getting worried about because I didn't, you know, sort of, Jason Calacanis (00:39:46): of I've been worried for David because I didn't know Aaron Levie (00:39:47): what he would do given Trump promised to end the war in Ukraine. Like, what else is David gonna talk about? So, you know, I've I've known David's views on the the, you know, the the the war in Ukraine, but I actually didn't know that that, it was so serious that you become a czar. I mean, that's that's pretty that's pretty impressive. Now what's cool about David's new role, leading the Council of Advisors for Science and Technology, is you can kind of think about him as, like, the IT guy of the government now. So so if you have any issues with the DMV website, he is he is your guy. And you also have the benefit of being the crypto czar, so I think if you could just let us know at some point in the conversation, what do you think the price target is on the Hochtua coin? Like, where are we where are we headed with this? Now David works in the government, which means we have an inside track for some of the, the besties, which I think it'll be pretty helpful for various positions in the in the cabinet. And I know there's already a pick for this one, but if a position happens that opens up for transportation secretary, maybe you could let them know that Jason was the first investor in Uber. And and I feel like that would make him an expert in this in this topic. David Sacks (00:41:03): 3rd or 4th, I think, actually. Yeah. Aaron Levie (00:41:05): I was just going off of Wikipedia. So, Jason Calacanis (00:41:10): so I changed it today in in anticipation. Aaron Levie (00:41:13): Now, unfortunately, Jason's probably disqualified, for for the cabinet, because some of them is actually even more woke than me. This guy loves masks more than Anthony Fauci. He once he once tweeted, and I actually wanna be very clear about this. This was in October of 2021. He once tweeted not to be a narc, but half the folks are not wearing masks at the Staples Center right now. Hashtag super spreader. I I added the hashtag. Sorry. Okay. And, speaking of COVID, we're gonna bring it home now. Friedberg, I know this situation must be very difficult for you with r f t k, you know, junior coming on board. Everyone knows about preppers building out bunkers in case of a disaster. Right? You you sort of you everybody talked about these kind of preppers. Friedberg's bunker looks a little bit different than everybody else's right now. You know, usually, you wanna stock up on ammo, cans of beans, etcetera. For Friedberg, it's, obviously quinoa. But but, he has one of every vaccine, tons of pesticides, and a lifetime supply of fluoride packed away. David Friedberg (00:42:29): So Jason Calacanis (00:42:29): we're we're getting ready for anything to Aaron Levie (00:42:30): that could come next in this government. Anyway, in all seriousness, thanks for this incredible honor, whatever this thing is. I'm, I'm extremely extremely optimistic for the path ahead in America. We have a lot we can get done. So excited for that. Let's do it. Jason Calacanis (00:42:45): Thank you. Have a seat. Join us. Give it up, everybody, for Aaron Levy. Well done. Join us. Alright. Alright. You're joining us? Alright. David Friedberg (00:42:54): Alright. Aaron's gonna hang out and do the next couple of, awards with us. David Sacks (00:42:58): I just wanna say that Aaron is my favorite white dude for Harris. Aaron Levie (00:43:05): Alright. The the official line is beta male for Harris. That was, you got you you got that wrong. Jason Calacanis (00:43:10): I'll let Mark Cuban know he's number 2. Chamath Palihapitiya (00:43:14): You know you know, I just realized I was a series b investor in both of your companies. Aaron Levie (00:43:20): Wow. You know, it's incredible that that David Sacks blew off the the the typical ceiling that you have being a b to b SaaS founder. So this is this is this means we have something we can now strive for. So this is, this is incredible. Jason Calacanis (00:43:33): Alright. We're gonna do another set of awards here. Let's get this back on track. But actually, Aaron Levie (00:43:37): could we be oh, there there was it was pretty cool though that the literal upcoming president of America mentioned Yammer in a tweet. I mean, that is that is that is actually pretty cool. Jason Calacanis (00:43:48): That was pretty great. I was surprised you didn't get a genie mention in there. So it's a deep pull. Let's go over to our next set of awards. This first one is best CEO not named Elon Musk. So this is our yearly award for the best CEO named not named Elon Musk. David Friedberg (00:44:04): Who do Jason Calacanis (00:44:04): you got, Friedberg? Who's Jensen. Jensen, an obvious one. David Friedberg (00:44:08): Well, it's not I mean, everyone knows the numbers. What else is there to say? Okay. And that guy has been compounding. And the crazy thing about compounding is if you zoom out at the end, everything looks pretty slow and flat and steady for a while until the end. And, he's built so many advantages into that business and it's finally paying off. The macro was right, technology advantage, everything. It's just extraordinary patience, diligence, execution. Jason Calacanis (00:44:31): Okay. Best CEO not named Elon Musk. What do you got? Shamash. Chamath Palihapitiya (00:44:34): Dave Ricks, the CEO of Eli Lilly David Friedberg (00:44:37): Okay. Chamath Palihapitiya (00:44:37): Managed to build a $1,000,000,000 company and is just ripping. Seems unstoppable. Jason Calacanis (00:44:43): Sacks, who's your best CEO not named Elon Musk? David Sacks (00:44:47): Well, I mean, Freeburg's right. If you look at the Mag 7, Jensen had the best performance, but since that one was taken, the number 2 actually was Mark Zuckerberg. You know? He's 5 x? Hold on. He's been sneaky creeping up there. I mean, if you look at Facebook's performance or Meta's performance over the last 2 years, it's up 500%. So it has done surprisingly well. And I I will give him credit for back in August, he wrote a letter basically apologizing for the censorship that Meta had done and exposing the, the government's role and the FBI's role in the whole Hunter Biden cover up, up, which he did not have to do at that point in time. It was not clear yet it was not clear yet that Trump was gonna win the election. So I think he deserves a little bit of credit for basically A little bit. For wanting to do the right thing on on free speech. Jason Calacanis (00:45:39): But in all honesty, how long did you make him wait to meet with Donald Trump at Mar a Lago last week? How long was the wait? David Friedberg (00:45:46): Did you Jason Calacanis (00:45:46): put an extra hour on the way? Okay. Did you have a best CEO not named Elon Musk, Aaron, leaving? Aaron Levie (00:45:52): I'm actually gonna, steal, Sax's, Zuck, for a very different kind of reason, but, I think Zuck is our counter pressure on the price of AI right now. And, I think that, he he has a way of monetizing AI that is I mean, Google kinda has a similar thing, but they're they have a more existential challenge that I think they're actually doing relatively well, kinda dealing with. But Zuck, just to improve ads, can give away AI for the world and and keep everybody on their toes in terms of driving down the price. So I think that's good for all of us. Jason Calacanis (00:46:23): Alright. Well done. I, also had Jensen for obvious reasons. Let's go with best investor. Who's your the NVIDIA crowd here is great. Just sponsor the show next year, guys. You could be in the VIP. You can afford it. I don't know why you guys are in section z. Unbelievable. Maybe they're frugal. I guess Jensen's checking those expense accounts. Who do you got as your best investor, Friedberg? David Friedberg (00:46:48): I just gave the best investor to the best public trade of the year, which was Druckenmiller, when he shorted treasuries. Told everyone inflation is not under control yet. We still have a ways to go. No one was listening. He shorted treasuries. We don't know what the actual ins and outs were, but he has an incredible ability to be so very prescient, very public, very, like, direct when he has big bets and be right. Even if it is just a trade, I don't know what net returns are, etcetera. But, man, that guy just when he when he talks, you gotta listen. Jason Calacanis (00:47:18): Chamath, who's the best investor of 2024 in your mind besides yourself? Chamath Palihapitiya (00:47:26): I was gonna say me, Jason Calacanis (00:47:27): but we know. Chamath Palihapitiya (00:47:30): I I give it to Michael Saylor. Jason Calacanis (00:47:33): I think that Woah. Bitcoin Max is in the back. Chamath Palihapitiya (00:47:36): He's found he's found this incredible He's an investor. I mean he's he's the executive chairman of MicroStrategy so he's not really involved into the day to day. He's really running their bitcoin position and he's created this massively levered long bitcoin play. He's borrowing money at essentially 0. It's, his returns are bananas right now. Jason Calacanis (00:48:01): What could go wrong? Sachs, who is your best investor? David Sacks (00:48:06): I had Druckenmiller as well for a similar reason, which is it wasn't just the treasury bet. It's the fact that he's been warning for years that the US fiscal situation is unsustainable. And David Friedberg (00:48:17): in David Sacks (00:48:17): a way, he's like the investor version of Doge. He's basically saying, if we don't fix this, we're gonna have a huge, huge problem. Jason Calacanis (00:48:25): Aaron, do you have a best investor for 2024 you can share? Aaron Levie (00:48:28): I think the, I think the solo GP, kinda cohort, but, Nat and and Daniel, so Nat Freeman, Daniel Gross are they're quietly building probably one of the most powerful AI portfolios, that, that that we're gonna see kinda play out. So they were they were first in line in this wave, and, and I think they're, they're on top of it. Jason Calacanis (00:48:49): Okay. Obviously, an LP in the firm. And so I'm gonna go with, Peter. I'm just taking a guess, an educated one. Best investor for me was Peter Thiel, but on two tracks. Obviously, Peter's been in some of the great companies through Founders Fund including SpaceX, but he also picked Trump, he also picked Vance, and he also picked Sachs. So I think it's undeniable that Peter Thiel is just a great picker, hands down, one of the greatest investors whether it's in people politics, or businesses. So I give it to Peter Thiel. Let's do our best new product best new product of 2024. Aaron, I'm gonna start with you this time. Do you have a best new product that you launched at Box? Aaron Levie (00:49:31): We we do, but I'll exclude our ourselves from this. But the, but I I I think that the wave of voice AI, I'm most compelled by right now as as sort of the 2024 kind of you can see the the semblance of actually, you know, a new paradigm for for mobile. We've kinda had the same thing on mobile for 20 years. And, and so the ability to actually, you know, in a high quality way talk to your phone, have it do something, I think is, you're starting to see signs. The latest version of Gemini, is just incredibly, powerful. Perplexity has very good, work here. Chat GPT advanced voice mode. So I think you're gonna start to see this, shape kind of computing in in the next couple years. Jason Calacanis (00:50:12): Sacks, any new products this year that captures your imagination? David Sacks (00:50:16): Yeah. I think this is the year that self driving finally broke through. Obviously, Tesla's has got full self driving, but also this Waymo 1 app, people are going wild over it. So I think, this is the year that self driving broke through, and I think next year's gonna get bigger and bigger. Jason Calacanis (00:50:30): Chamath, best new product this year. I'll pick the 2024 Chamath Palihapitiya (00:50:36): Kings Cashmere collection from Laura Pianna. Jason Calacanis (00:50:40): It was, that was my number 2. Chamath Palihapitiya (00:50:42): Exceptional like a baby's foreskin. Jason Calacanis (00:50:45): Okay. I think, I just got a message that Laura Pianna made a big drop off at your house. Okay. Unbelievable. I would just like to say the best new product of the year is anything Tom Ford made. So I'd like to pander as well. What do you got, Freeberg? David Friedberg (00:51:00): I was I was with Aaron. I think advanced voice AI is a game changing new UX. It's gonna change computing and, it's weird. When you start using it, you can have a dialogue, learn something you never thought you could learn and just ask questions and engage like you're speaking to your own personal tutor. It's incredible. Jason Calacanis (00:51:20): Okay. Well, very interestingly, we have 2 people talking about voice AI. And, Saxx, I was with you. I think this is the year that self driving is actually manifesting across 9 different companies. The companies in China, there's 6 or 7 of them actually active, as well as obviously Waymo and, FSD 12 point x has been really a major upgrade so I went with self driving. So, that's our amazing cohort. Let's give it up for mister Aaron Levy. Aaron Levie (00:51:48): Very well. You. Jason Calacanis (00:52:11): Here's your chart. We had this great moment of hourly earnings growth, going up, so how much people make on average. Chamath Palihapitiya (00:52:18): You're probably wondering why I look so bored. I mean, honestly, I want these dipshits to stop blabbering on, pass me the ball, and get the out of the way. The wine is delicious, by the way. If only we could do an episode my way. Hey, everybody. Welcome to the All In podcast. For the first time ever, I, Chamath, the dictator, am moderating. I've replaced the besties with a couple of special guests. We literally have 3 of the world's greatest minds and bodies on the show. First up, let me welcome one of Silicon Valley's most legendary investors, Chamath. Thanks, Chamath. By the way, that is a beautiful sweater. Okay. But let's cut this and let's get right into the show because honestly, this could be the best episode ever. You're right, Chamath. We're gonna start with markets today because we also have one of the greatest public market prognosticators in the world. What is going on with the economy, Chamath? Great question, Chamath. Well, look, I think the US economy, honestly, is a tightly coiled spring. The future looks unbelievably bright. Or we're in a recession. My gosh. I couldn't have said it better myself. Okay. Guys, let's get into Science Corner next. We have another brilliant mind on the show, technically incredible, a scientific genius. Tell us what you've made, Joao. Well, I'm really excited to share that my new company, Shmo Schmaloe, has come up with a new way to grow perfect grapes in any weather. So now every grape can produce a 1992 Chateau Latour. Jason Calacanis (00:54:01): What? That's incredible. Can Chamath Palihapitiya (00:54:03): I invest a $1,000,000,000? Well, we're gonna have to see about that stuff. Wow, guys. This really is the best episode ever. Orgasmic. Aaron Levie (00:54:16): Wow. Jason Calacanis (00:54:17): Wow. David Friedberg (00:54:18): Alright. We're gonna move on. David Sacks (00:54:21): I would watch that show. David Friedberg (00:54:22): Our Great episode. In person award winner. David Sacks (00:54:25): Show. I wanna see that. David Friedberg (00:54:27): Our 2nd in person award winner of the night, the award for 2nd best Botez sister. Please welcome Alex Botez. Jason Calacanis (00:54:36): Alright. Friend of the pod. Speaker 1 (00:54:48): Can you guys hear me? Well, good. Because I have some awards to give out as well. Jason Calacanis (00:54:54): Oh. Oh, no. Speaker 1 (00:54:55): Chamath, congratulations on the most likely to think of Elon when making love. Do you guys remember when Chamath was posting thirst traps on Twitter? Imagine being a billionaire so annoying that you still need a 6 pack to get laid. Next up, please join me in saluting America's first czar. All hail sacks. Congratulations on no longer being the least successful of the PayPal mafia. Jason Calacanis (00:55:36): Oh. That one that one stung. Speaker 1 (00:55:39): It's good to see JCal laughing. I'm surprised you showed your face tonight after Palmer Lucky annihilated you last summit. Congratulations on proving that ass kissing can be a career. This year, you win most investments least exits award. Jason Calacanis (00:55:58): Thank you. Thank you. Speaker 1 (00:56:01): Okay, guys. This next one is a little bit spicy. Jay Cal gets pegged by the VC Industrial Complex, and each time, he whimpers, Uber as his safe word. And last but not least, David Friedberg, the human equivalent of Soylent. Oh. Oh. David Friedberg (00:56:24): Jamond likes that. Speaker 1 (00:56:26): Friedberg definitely got bullied all his life. But lucky for him, being autistic is now trendy. But hey, I gotta give credit where it's due. Friedberg, thank you for making the world a better place for Monsanto shareholders. Thank you very much everyone. I'm Alex Bowden. Jason Calacanis (00:56:47): Okay. Thank you, Alex Boden. Alright. Wow. Well, you know, let's do our congratulations. David Friedberg (00:56:57): Welcome back to the stage. Speaker 1 (00:56:58): Thank you for having me. David Friedberg (00:57:00): It's great to see you. Jason Calacanis (00:57:01): Last time you were here, you beat 3 or 4 of us, at the same time playing chess. David Friedberg (00:57:06): 2 of 4. Jason Calacanis (00:57:07): 2 of 4 and what? She had a push with 1 of you, a summit, or ran? David Friedberg (00:57:11): I blundered the queen, but I I won on time. Jason Calacanis (00:57:13): Okay. You won on time. David Friedberg (00:57:14): I don't really give it to myself. Okay. Jason Calacanis (00:57:16): How much have you been thinking about your defeat by Sachs over the last 6 months? Speaker 1 (00:57:21): Clearly a lot after that roast. Yes. Jason Calacanis (00:57:23): It explains a lot. It explains that not that you're competitive. You know, we have some amazing awards to give. Let's go with our favorite media favorite media of 2024. Did you have a favorite media, pick sacks? David Sacks (00:57:35): Well, it's gotta be podcasts, and I don't just mean our own. I like, pretty much all I watch these days are just podcasts. You know? Yeah. So I never watch any network TV. Jason Calacanis (00:57:45): Specific one that comes to mind? David Sacks (00:57:48): Well, if Jason Calacanis (00:57:49): if I with a t David Sacks (00:57:51): If I can only pick one that's not us, there's a podcast called the Duran that I like a lot on international affairs. So check that one out. Jason Calacanis (00:58:00): Deepo. Deepo. Tucker's gonna be brokenhearted. Chamath, favorite media 2024. Chamath Palihapitiya (00:58:06): This is, the director is a friend of ours. His name is Francesco Carozzini. The show is called Super Sex on Netflix. It is about the life of the Italian porn star, Rocco Saffretti. It's phenomenal. It builds. There's drama. It's about his life as a kid. It's his relationship with his mom, his relationship with his older brother. It's really good. Super Sex on Netflix. Jason Calacanis (00:58:34): Okay. So Chamath just picked Pornhub for his favorite media. Great. Deepak, so to speak. Freeberg, David Friedberg (00:58:45): Dune 2. Come on. It was unbelievable. I did not think that Oh. Dune 2 could beat Dune. It that the black and I mean, you saw it. You're a little don't act like you're not a nerd on the cinema right now. Can't do that. Jason Calacanis (00:58:59): Dune 2 is pretty great. David Friedberg (00:59:00): I'm pretty amazing. Jason Calacanis (00:59:01): You know, I wanted to come up with something a little bit more recent, so I went with Day of the Jackal. It's a new show based on the 19 seventies. Chamath Palihapitiya (00:59:09): I just watched episode 8. Nat and I watched it before we came up. Good. Great. Episode 8. Jason Calacanis (00:59:14): Have you seen your episode 8? I watched episode 8. Yes. It's great. Awesome. Phenomenal. So just, you know, great poll. Alex, what do you got? Any favorite media for 2024? Speaker 1 (00:59:26): Hawkgua, but listen up. Not what she did with the meme coin, but I've never seen anybody ride her 15 seconds of stardom the way she was able to do, especially when it's so hard to become viral across all platforms nowadays. David Friedberg (00:59:39): Yeah. Was like top like, it was like a top 10 podcast for a couple weeks. Right? Like Speaker 1 (00:59:43): Yeah. I think she peaked at number 3. David Friedberg (00:59:45): Yeah. It is pretty incredible. Jason Calacanis (00:59:47): Inside story, the week hak'tua happened, we were gonna have her on the pod. Sax and I were like, yeah. Great pull. We should do it. And guess who spiked it? Ding ding ding ding ding. We could have had Hachtoo on the pod to talk about Ukraine, to talk about Kamala. I mean, the world needed to know her take. David Friedberg (01:00:09): Let's let's right after imagine right after that clip comes out, let's have a bunch of guys talk to her and be like, yeah. What do you think? And not look like a bunch of creepers. That would have been a terrible idea. I still stand by the strike. Jason Calacanis (01:00:22): Your editorial instincts remain terrible. Saks, best startup of the year. David Sacks (01:00:29): I'm just gonna use this to promote my own thing. Jason Calacanis (01:00:31): Is that okay? David Sacks (01:00:32): Yes, of course. So Glu. I go Glu. Jason Calacanis (01:00:34): Of course. Fantastic. Chamathir, best startup of the year. Chamath Palihapitiya (01:00:38): I'm gonna go with Alhalo. Oh, Jason Calacanis (01:00:41): wait a second. Chamath Palihapitiya (01:00:42): I want I want grapes the size of my balls. I want strawberries. Jason Calacanis (01:00:48): So the champagne Chamath Palihapitiya (01:00:48): size? Hold on. I want strawberries the size of women's boobs. I want potatoes the size of butt cheeks. It's gonna be fabulous. David Friedberg (01:00:57): The world's gonna be incredible. Jason Calacanis (01:00:58): But you have not none of us No. Chamath Palihapitiya (01:00:59): No. No. Kidding aside, I do I do think what Freeburg is doing is bananas. But true story, Jason Calacanis (01:01:05): none of us have been able to wet our beaks in Ohalo yet. None of us except Founders Fund. No. Chamath Palihapitiya (01:01:09): He offers us a chance to invest every time a round is closed and a new valuation is set. Jason Calacanis (01:01:14): Unbelievable. With friends like this, Freeberg, would you like to commit at getting us all in? David Friedberg (01:01:19): Say 80, 90 and glue. I mean, I got it's tied. But I will say, we've obviously talked a lot about the thesis behind 8090. I'm an investor. You're an investor. But I put Anduril as my winner because Jason Calacanis (01:01:33): Yeah. Friend of the pod, Palmer Luca. David Friedberg (01:01:35): I will say, like, just just just talking about the collapse of Boeing, the new administration, and the number of people that are around Anuril that are also now around the administration creating a merit based system for defense spending to kind of upgrade systems and strategies in defense, it's inevitable. If you look at what China's doing, the US is gonna have to respond accordingly. Chamath Palihapitiya (01:01:53): He's he's like he's like another one of these crazy people, which is, like, how does he go David Friedberg (01:01:57): from building a VR headset to Well, he also made this game system called ChromaticDuty. Chamath Palihapitiya (01:02:01): And he's incredible. The guy is a genius. David Friedberg (01:02:03): But, I mean, the whole the whole business is set up with just a great group of investors. It's perfectly aligned. The macro is right. I I just think that that's gonna be the next point. Jason Calacanis (01:02:11): Yeah. It's of the moment. What do you got, Alex? David Friedberg (01:02:14): Do you Jason Calacanis (01:02:14): have a great a great favorite startup? Speaker 1 (01:02:16): I like Anthropic because I like Claude a lot, And also, I'm not gonna say OpenAI because I don't know what they're gonna do with all the rumors lately, but I do use ChatGPT even more. Jason Calacanis (01:02:27): Okay. Well done. And I picked Athena, one of our great investments this year that has tripled revenue. I'm very proud of the team over there. Let's go with biggest flop. Do you have a biggest flop, Chamath, this year? Chamath Palihapitiya (01:02:40): Okay. This is gonna be a controversial take. I think the biggest flop not I don't want to say it's a flop, but I think the biggest disappointment of this year to me was OpenAI. I'll tell you why. I think they are the most at risk, mostly because of things that are out of their control. So number 1, I think the quality of these models have hit a wall, and it's the folks that own private information, for example, what Elon owns through x, that is gonna make the game changer in the quality of the models. 2, he's actually bought now not just the largest NVIDIA cluster, but he's promised to buy 900,000 more. Do you know what happens when you buy a 100,000 and then buy promise to buy 900,000? Not only are you at the front of the line, you consume NVIDIA's attention. And what that means is it's gonna be so hard for everybody else to get a hold of what they need, to train. I think it's a a very tricky situation for those guys. Jason Calacanis (01:03:51): Sachs, you got a biggest flop for the year? Biggest flop? David Sacks (01:03:56): My biggest flop was the self declared knucklehead, Tim Waltz Oh. From, Minnesota. David Friedberg (01:04:05): Yeah. Freeburg? Apple Vision Pro. Jason Calacanis (01:04:09): Apple Vision Pro? Yeah. David Friedberg (01:04:10): I think it's a great start. It feels like the Apple Newton. It's definitely gonna usher in kind of a new computing platform, but it's definitely not prime time ready, as we saw with the sales. But Jason Calacanis (01:04:19): Alex, did you have a biggest flop for the year? Speaker 1 (01:04:21): The Netflix cover of the Jake Paul, Mike Tyson fight. It was their first Chamath Palihapitiya (01:04:26): Oh, yeah. David Friedberg (01:04:27): Good call. Good call. Jason Calacanis (01:04:27): That was a good one. Yeah. Speaker 1 (01:04:28): Yeah. It was their first foray into live sports, and they just couldn't keep up with the streaming capabilities, and then they got hit with a 50,000,000 dollar lawsuit. Chamath Palihapitiya (01:04:36): Sorry. Did you do you think it was fake? Speaker 1 (01:04:38): Do I think it was fake? I don't think so. I think Mike Tyson actually needed the money, and that's probably why he fought. David Friedberg (01:04:46): But you think he tried fully? Like, he went Speaker 1 (01:04:48): I think he tried his best. David Friedberg (01:04:50): Yeah. I I I went Doesn't doesn't your sister box? Doesn't your sister do boxing? Speaker 1 (01:04:55): My sister does box. Yeah. But tonight, she'll be DJ ing at the after party. Jason Calacanis (01:04:59): She'll be kicking ass on the ones and the twos. Yeah. You know, Friedberg used to DJ in college. Speaker 1 (01:05:06): I heard Friedberg used to rave, actually. Is that true? Jason Calacanis (01:05:09): Yes. Friedberg used to drop the beat. David Friedberg (01:05:13): Yes. My thing is It doesn't get old. I mean, what do I say? Yeah. It's not that Speaker 6 (01:05:19): big thing. Jason Calacanis (01:05:20): Was Boeing Starliner embarrassment. I mean, if you bring astronauts up to the space station, you're kinda obligated to get them back down. David Friedberg (01:05:27): That's true. Jason Calacanis (01:05:27): Yeah. That that's I can't think of anything worse than that. David Friedberg (01:05:31): That's a great that's a great call, Alex. Jason Calacanis (01:05:33): Okay. Thank you, Alex, for joining us. Alex Boetjz. Well done. Big round of applause for David Friedberg (01:05:38): our friend in Jason Calacanis (01:05:39): the pod, Alex Boetjz. Thank you. Alright. We have one more award to do. David Friedberg (01:05:53): 2 more awards. 2 more awards. Jason Calacanis (01:05:56): Alright. Here we go. The biggest sports story and the moment of the year. Biggest sports story, little sports in here, and then the moment of the year. Chamath, do you have the biggest sports story of the year? David Friedberg (01:06:11): I think Chamath Palihapitiya (01:06:11): it's Bronnie James playing with his dad, LeBron. I think it was an incredible moment, and I think LeBron deserved it for everything he's done for the NBA. Jason Calacanis (01:06:23): Alright. Well done. What about you, Sachs? Do you have a best sport? I know I know you're not physically active at all, but do you do you have a sports David Sacks (01:06:33): Well, I think the the biggest sports story of the year was the Olympics and really the memes that came out of the I didn't really watch the Olympics. I just saw the memes. Yeah. That's what I was in it for. And, you know, we had the that trans last supper. There was the that sort of that shooter from Turkey, you know, and, the pole vaulter. David Friedberg (01:06:54): The pole David Sacks (01:06:55): vaulter. Yeah. Remember the pole vaulter? Jason Calacanis (01:06:56): Yeah. Shamoff. David Sacks (01:06:57): Yeah. Jason Calacanis (01:06:58): He was moonlighting as the pole vaulter. David Sacks (01:06:59): So, anyway, it's not Chamath Palihapitiya (01:07:00): even gonna be a couple Jason Calacanis (01:07:01): of times. David Sacks (01:07:01): That was what I remember. Jason Calacanis (01:07:02): Pole vaulter was pretty depressing. Freiburg, David Friedberg (01:07:06): I went with Australian, hip hops at the Olympics. Jason Calacanis (01:07:09): Australian hip hop at the Olympics? David Friedberg (01:07:11): But I I do think that that that that moment really kind of showed everyone how ridiculous things had gotten. And it it was like, at least in certain circles, it felt very resident of like a broader set of things that were happening and everyone was like, how is this an Olympic sport? How is this happening? And it made a lot of people start to question the sanity of a lot of the institutions around us and things that were going on. Jason Calacanis (01:07:37): Yeah. And I too thought the biggest moment in sports was at the Olympics and just gender in sports generally as a topic, which we're gonna need to get through as a society where we have not only, transgender individuals, but intersex folks. We need to work this issue out in good faith and have a, I think, a thoughtful dialogue about it, specifically with the boxing and and some of the other sports. Let's go to our moment of the year. The moment of the year. I'll kick it off, Sachs. David Friedberg (01:08:03): I thought the moment of Jason Calacanis (01:08:04): the year for me was not the assassination attempt at Trump, obviously, but his reaction to it. When he got up and he pumped his fist and he said fight, fight, fight, I think you got an idea of his character and that he wasn't gonna give up. And, thank God that he wasn't, hit by that bullet. I know David Sacks (01:08:24): it was an image. I mean, that was mine too. 100%. That was, like, the the moment of the year, the photo of the year. That's the image we're always gonna remember. Jason Calacanis (01:08:32): Pretty iconic. Yep. What do you got for the moment of the year, Chamath? Chamath Palihapitiya (01:08:38): March 4 16th. It was a Saturday. It was the greatest sexual encounter of my life. I gave Nat an enormous internal o. David Friedberg (01:08:49): Oh, my god. Chamath Palihapitiya (01:08:50): All by myself. Jason Calacanis (01:08:52): Wait. Wait. So wait. The greatest moment of the year was the sexual encounter that you had With my wife. With your wife. Really? You know, it's interesting. I think we all got the tsunami warning when that happened. It was pretty it was it shattered the whole Bay Area. Freeberg, would you like to also pick the 17 seconds of your latest sexual encounter? David Friedberg (01:09:27): It was the Trump assassination. Jason Calacanis (01:09:31): So all of we had consensus here of what the most iconic moment of the year was. David Friedberg (01:09:37): When it happened, I was sitting outside having beer with a bunch of people. I remember there was, like, 12 of us. And we looked around the table, and everyone was, like, he just won the election. That was it. It was so like, in that moment, I knew it felt like that was it. So it I think it defined the year. Jason Calacanis (01:09:54): Okay. So that concludes all of the amazing awards we've given. That is. David Friedberg (01:10:00): That's, that's our awards. Jason Calacanis (01:10:02): Do you wanna do a I don't know. Maybe end David Friedberg (01:10:04): with a little Christmas gift. Grateful for, looking forward, hopefully, for Jason Calacanis (01:10:07): the next Yeah. David Friedberg (01:10:07): For the new year, and then we'll kinda Well, you know, it's always a Jason Calacanis (01:10:10): good time at the end of the year to reflect, on the pod, on the community, and what we all experienced this year. Obviously, a major eventful year. Looking into next year, maybe what we learned this year, having just great conversations on the pod and off the pod, in the group chat, at the summit. Any reflections on the year that was, Shamath? And then maybe some hope for 2025. Chamath Palihapitiya (01:10:41): I'll I'll just remind everybody that we are the sum of our family and our friends. This year, you moved away, which is really heartbreaking. One of our really great friends in the poker game has been struggling with a bunch of very serious health issues. So it's just a reminder for me that, you know, it just goes by really fast. I feel really lucky to be around you guys. I feel really lucky that folks like you exist. Thank you for listening. I love all of you. Thank you. Jason Calacanis (01:11:23): Sachs, would you like to try to channel emotion as we wrap up the show and reflect on feelings that might have come up inside of that meat sack. Yeah. Over there. David Sacks (01:11:40): Well Call David Friedberg (01:11:41): him a meat sack? Yeah. I David Sacks (01:11:42): mean, to be honest, I was starting to feel really annoyed with you, J. Cal, on the pod. I wasn't sure how much longer I could put up with it, to be perfectly frank. But But you know, tonight, you kinda remind me why it's fun to do this. Jason Calacanis (01:11:58): Oh, thank you. David Sacks (01:11:59): And so, yeah, I'm very happy to be here tonight and be part of this. Jason Calacanis (01:12:02): Well, yeah, reflecting on it, thank you. I too, am reminded how, absolutely insufferable it is to talk about Ukraine every week, but that I love you and spending time with you, all 3 of you is, and debating this and learning together and growing as men and maybe trying to help and give back. You know, there's so many positive things that come out of a good faith discussion. And, you know, we argue, we fight, we debate, but we always come together every week, and we start it all over again. And we're we are cantankerous, and we're perfectionists, and we really try to make this a great product, and we really care about the audience. And it's just so wonderful that we didn't quit. I remember we had that conversation in the beginning, and Chamath was saying, like, you know, how does this become successful? And he says, it becomes successful if we just show up every week. If we just show up every week, it's gonna work and it's gonna be great. And, you know, here we are going into year 5, and I am just so happy that we didn't quit. And that we kept going forward. And I hope that we can all do this in 30 or 40 years in diapers, in a nursing home somewhere in Italy. I hope we do this for the rest of our lives, because it's been such an incredible joy. And, man, I just love the fact that y'all come out and stop us at airports or take a selfie and tell us what you think of the show. Friedberg, any thoughts on, the year that was and the pod and, you know, this incredible The moment David Friedberg (01:13:40): Saks. Many times when I was gonna quit this show, and I think how much I really don't like J. Cal. And then there's Jason Calacanis (01:13:46): time the theme in the reflections. David Friedberg (01:13:48): There's like a theme. Sometimes I'll sit in my bath. I'll have my feet up. Jason Calacanis (01:13:53): You send me a message. David Friedberg (01:13:54): To myself, man, I love J. Cal. Jason Calacanis (01:13:57): Aw. It's all coming together. David Friedberg (01:13:59): For all for all the challenges that each of us have, I'm very grateful for the moment of being here with you guys. It's made a huge impact on my life that I never thought would be the case. Thank you. I also think we're in an amazing moment. The United States, certain people in the United States are really blessed and do really well. There's a lot of challenges and a lot of things that need to be fixed, and a lot of people that struggle a lot. And outside the United States, there's a lot more people that struggle a lot. And I'm really hope hopeful that I think I really do believe that technology drives prosperity and that technology and kind of the ability for technology to kind of transform lives around the world can help everyone. And I I'm very hopeful because I I have not been hopeful in this way in a long time, and I think that over the next year next couple of years, there will be an amazing kind of evolution, that that'll be unleashed, in prosperity that will really make a big impact. So I'm super helpful, super happy, and super excited. Jason Calacanis (01:14:58): Yeah. That's a great note. Great note. Thank you to the amazing band tonight. Very well done. Big round of applause for the band and the production team. That's it. Well, David Friedberg (01:15:08): we'll talk about it. Chamath Palihapitiya (01:15:09): Come on. David Friedberg (01:15:09): Yeah. Let's get some sound remote. Happy holidays. Jason Calacanis (01:15:11): Happy holidays, everybody. No see you at the party.